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“The sale of Charlotte Industrial Park Portfolio and International Corporate Center highlights
the strength and appeal of the Charlotte Industrial market,” said Patrick Gildea, Executive Vice
President. “Industrial logistics are going to strengthen as supply chains continue evolving,
paralleling the shortening delivery time requested by retailers.”

Charlotte Industrial Park Portfolio is a Class A office/warehouse and flex portfolio comprised of
13 buildings totaling 486,512 sq. ft. across four parks. The 95%-occupied portfolio is located
in dynamic, high-growth submarkets within the Charlotte–Concord–Gastonia, NC–SC MSA.
Notable tenants include Atlas Copco Compressors, Kohler, ScottsMiracle-Gro, Delta Apparel
and WESCO Distributors.

The overall Charlotte Industrial market ended 2016 by posting the highest annual net
absorption recorded in the market. Constructed in 2008–2009, the buildings represent the
premier property type within each submarket. The properties were designed to accommodate
various user types, which broaden their appeal within the marketplace.

International Corporate Center is one 89%-occupied building totaling 73,941 sq. ft. The
property features a strong collection of tenants, anchored by United HealthCare Services, one
of two primary operating divisions of UnitedHealth Group, the single largest health insurance
carrier in the United States. Other tenants include Duke Energy and Schubert & Salzer.

Located within the prestigious International Business Park at Concord, International Corporate
Center features highly desirable call center space, which is in demand within the Charlotte region. The property is located in Charlotte’s Northeast Industrial submarket, which as of Q4
2016 has six consecutive years of rising rental rates at a 3.8% annual increase.